Inform
China introduces scheme to protect thermal coal prices
This report is currently unavailable
Report summary
On 11 January, the NDRC announced a memo outlining measures it would take to reduce volatility in domestic thermal coal prices. The memo was signed by the NDRC and three major industry associations (namely, China National Coal Association, China Electricity Council, and China Iron and Steel Industry Association) on 29 December 2016. A detailed scheme of actions in response to spot coal price changes is set out in the memo. The NDRC has asked provincial development and reform commissions, pricing bureaus and relevant companies to adhere strictly to the new guidelines. In early December, when responding to coal producers' concerns of falling spot prices, a senior NDRC official said the government had set limits for spot coal prices. The official did not disclose further details regarding price levels and, as a result, rumours were sent flying. The release of the memo puts an end to the speculation.
Table of contents
- China introduces scheme to protect thermal coal prices
Tables and charts
This report includes 2 images and tables including:
- China introduces scheme to protect thermal coal prices: Image 1
- China introduces scheme to protect thermal coal prices: Image 2
What's included
This report contains:
Other reports you may be interested in
Asset Report
Suprabari Mapanindo Mineral coal mine
Detailed asset level data for the Suprabari Mapanindo Mineral coal mine
$2,550
Insight
Demystifying India’s metallurgical coal trade
An anchor for metallurgical seaborne coal trade
$1,100
Insight
US sanctions hit Russia’s major coal producers
Impacts on seaborne thermal and metallurgical coal trade flows of US sanctions against major Russian coal producers.
$1,100